Torq Resources Inc. (TSXV:TORQ)

Torq Resources Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2.45	0.54	0.49	12.47	1.9
Cash & Short-Term Investments	2.45	0.54	0.49	12.47	1.9
Cash Growth	355.37%	10.31%	-96.09%	556.58%	-78.29%
Other Receivables	0.01	0.02	0.04	0.07	0.15
Receivables	0.01	0.02	0.04	0.07	0.15
Prepaid Expenses	0.08	0.07	0.26	0.23	0.21
Other Current Assets	-	0.06	0.3	0.24	0.46
Total Current Assets	2.54	0.68	1.08	13	2.71
Property, Plant & Equipment	2.91	1.62	3	2.48	1.27
Long-Term Investments	0.1	0.1	0.12	0.13	-
Total Assets	5.56	2.4	4.21	15.61	3.99
Accounts Payable	3.02	2.28	1.02	1.48	0.51
Accrued Expenses	-	0.32	0.18	0.16	0.17
Short-Term Debt	0.09	2.64	-	-	-
Current Portion of Long-Term Debt	2.73	2.59	-	-	-
Other Current Liabilities	-	0.22	-	-	-
Total Current Liabilities	5.84	8.06	1.2	1.64	0.68
Long-Term Debt	-	-	1.97	1.97	-
Total Liabilities	5.84	8.06	3.17	3.6	0.68
Common Stock	81.21	78.34	73.15	68.16	49.12
Retained Earnings	-113.76	-98.49	-86.08	-66.87	-55.15
Comprehensive Income & Other	32.72	14.49	13.96	10.71	9.33
Total Common Equity	0.17	-5.65	1.04	12	3.31
Minority Interest	-0.45	-	-	-	-
Shareholders' Equity	-0.28	-5.65	1.04	12	3.31
Total Liabilities & Equity	5.56	2.4	4.21	15.61	3.99
Total Debt	2.81	5.23	1.97	1.97	-
Net Cash (Debt)	-0.36	-4.69	-1.48	10.5	1.9
Net Cash Growth	-	-	-	453.03%	-78.29%
Net Cash Per Share	-0.00	-0.03	-0.01	0.12	0.02
Filing Date Shares Outstanding	186.11	139.07	133.57	110.12	84.69
Total Common Shares Outstanding	186.11	139.07	110.37	99.69	77.52
Working Capital	-3.29	-7.38	-0.11	11.36	2.04
Book Value Per Share	0.00	-0.04	0.01	0.12	0.04
Tangible Book Value	0.17	-5.65	1.04	12	3.31
Tangible Book Value Per Share	0.00	-0.04	0.01	0.12	0.04
Machinery	-	0.41	0.73	0.46	0.38

Source: S&P Global Market Intelligence. Standard template. Financial Sources.